CT2019-2792 Contract

• Contract/PO #: CT2019-2792
• Contractor Name: Arabian Acres Metropolitan District
• Contract Type: Loan
• Loan Projects - Doc Type: Contract Documents

notice. All remedies described herein may be simultaneously or selectively and
successively enforced. The CWCB may enforce the provisions f this Contract at its
option without regard to prior waivers of previous defaults by t e Borrower,through
judicial proceedings to require specific performance of this Co tract, or by such
other proceedings in law or equity as may be deemed necessary by the CWCB to
ensure compliance with provisions of this Contract and the laws and regulations under
which this Contract is executed. The CWCB's exercise of any c]r all of the remedies
described herein shall not relieve the Borrower of any of its duties and obligations
under this Contract.
B. Borrower's Remedies
If the State is in breach of any provision of this Contract and does not cure such breach,
Borrower, following the notice and cure period in §19.A.i.d., and the dispute resolution
process in §20., shall have all remedies available at law and equity.
20. DISPUTE RESOLUTION
A. Initial Resolution
Except as herein specifically provided otherwise,disputes concerning the performance of this
Contract which cannot be resolved by the designated Contract representatives shall be
referred in writing to the board for review, who will determine a resolution to the dispute.
B. Resolution of Controversies,Not Involving Loan Default
If the initial resolution described in §20.A., fails to resolve the ispute within ten (10)
Business Days, Borrower shall submit any alleged breach of this Co tract by the State to the
Procurement Official of the State Agency named on the Cover P ge of this Contract as
described in §24-101-301(30), C.R.S. for resolution in accordance with the provisions of
§§24-109-101.1 through 24-109-505, C.R.S., (the "Resolution St tutes"), except that if
Borrower wishes to challenge any decision rendered by the Procuremnt Official,Borrower's
challenge shall be an appeal to the executive director of the Department of Personnel and
Administration,or their delegate,under the Resolution Statutes befor Borrower pursues any
further action as permitted by such statutes. Except as otherwise st ted in this Section, all
requirements of the Resolution Statutes shall apply including, ithout limitation, time
limitations.
21. NOTICES AND REPRESENTATIVES
Each individual identified as a Principal Representative on the Cover Pagfor this Contract shall
be the principal representative of the designating Party. All notices req fired or permitted to be
given under this Contract shall be in writing, and shall be delivered ( ) by hand with receipt
required, (B) by certified or registered mail to such Party's principal reprsentative at the address
set forth below or(C) as an email with read receipt requested to the princi al representative at the
email address, if any, set forth on the Cover Page for this Contract. If a P y delivers a notice to
another through email and the email is undeliverable,then,unless the Party has been provided with
an alternate email contact, the Party delivering the notice shall deliver the notice by hand with
receipt required or by certified or registered mail to such Party's principal representative at the
address set forth on the Cover Page for this Contract. Either Party m�y change its principal
representative or principal representative contact information, or may esignate specific other
individuals to receive certain types of notices in addition to or in lieu of aprincipal representative
by notice submitted in accordance with this section without a formal amendment to this Contract.
Contract Number:CT2019-2792 Page 13 of 19 Version 0119